+7 more
$2,890,000
1563 Bathurst
Toronto, Ontario, M5P3H8
multiplex·sale·Tax $10,429.02/yr
8
Bedrooms
4
Bathrooms
4
Parking
About This Property
This 8-bedroom, 4-bathroom multi-family in Toronto is available for your consideration. 2 storeys. The property has lot dimensions of 60 x 104.1 FT. The home features central air conditioning, a finished, separate entrance basement, a fireplace.
MLS Remarks
Exceptional development opportunity in prime Forest Hill South. Approved severance and minor variances in place for the creation of four residential lots, each intended for three-storey semi-detached dwellings. Approvals are subject to conditions, including servicing and municipal requirements. Proposed lots offer efficient frontage and density, with approved relief for increased floor space index, reduced setbacks, and enhanced building envelopes.The property is currently fully tenanted, generating approximately $8,000/month in rental income, providing interim holding income during the development and permitting process.Property is being sold as-is with tenants. Buyer to verify all information and conduct their own due diligence regarding development potential and fulfillment of approval conditions. (id:60351)
Overview
Property Typeresidential
Sub-Typemulti-family
Looking for Something Similar?
We can help you find properties matching your criteria, including exclusive listings not yet on the market.
Save favorites, track showings, view sold data & get market alerts — Free account — 100% free
